Fintokei

CEO

David Varga

Country

Date Created

01/04/2023

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Fintokei

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CEO

David Varga

Country

Date Created

01/04/2023

Fintokei

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Firm Overview

Broker:

Purple Trading Seychelles

Platforms:

cTrader

MT4

MT5

Payout Methods:

Bank Transfer

Crypto

Payment Methods:

Crypto

Credit/Debit Card

Bank/Wire Transfer

Apple Pay

Google Pay

Instruments and Assets

Type of Instruments:

CFD

Assets:

Metals

Indices

Energy

Other Commodities

Challenges

Account Size	Steps	Profit Target	Daily Loss	Max Loss	Profit Split	Profit Frequency	Price
10,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$79.20
100,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$439.20
200,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$999.20
100,000	1 Step	6%%	2%	3%	90%	Minimum of 3% profit every 14 days	$399.20
20,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$127.20
400,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$2079.20
50,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$263.20
10,000	1 Step	6%%	2%	3%	90%	Minimum of 3% profit every 14 days	$71.20
50,000	1 Step	6%%	2%	3%	90%	Minimum of 3% profit every 14 days	$239.20
20,000	1 Step	6%%	2%	3%	90%	Minimum of 3% profit every 14 days	$115.20
200,000	1 Step	6%%	2%	3%	90%	Minimum of 3% profit every 14 days	$879.20
20,000	3 Steps	2% \| 3% \| 6%%	3%	6%	50%	14 days	$95.20
50,000	3 Steps	2% \| 3% \| 6%%	3%	6%	50%	14 days	$195.20
100,000	3 Steps	2% \| 3% \| 6%%	3%	6%	50%	14 days	$335.20
20,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$159.20
10,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$95.20
100,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$543.20
5,000	1 Step	6%%	2%	3%	90%	Minimum of 3% profit every 14 days	$35.20
5,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$39.20
50,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$335.20
5,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$55.20
200,000	2 Steps	8% \| 6%%	5%	10%	80%	14 days	$1159.20
5,000	3 Steps	2% \| 3% \| 6%%	3%	6%	50%	14 days	$35.20

Leverages

Assets	Instant	1-Step	2-Step	3-Step
FX	n/a	1:25	1:100	1:25
Metals	n/a	1:25	n/a	1:25
Indices	n/a	1:20	1:50	1:20
Energy	n/a	1:10	1:20	1:10
Crypto	n/a	1:2	1:2	1:2

Commissions

Standard: $6/round lot

Metals

Standard: $6/round lot

Indices

Standard: No Commission

Energy

Standard: No Commission

Other Commodities

Standard: $6/round lot

Consistency Rules

Consistency rule for startTrader (3 step evaluation) only: There are so called consistency rules applied by default on all accounts of StartTrader - there is a maximum daily profit monitored for each Phase: Phase 1: max 40% of your Profit Target can come from 1 day. Phase 2: max 40% of your Profit Target can come from 1 day. Phase 3: max 40% of your Profit Target can come from 1 day. StartTrader Phase(funded phase): max 1% of profit calculated from the starting balance can come from 1 day(*accounts purchased from 19 December 2024 do not have the consistency rule of max 1% profit per day activated.)

Firm Rules

Key Rules

Multiple Profiles: Creating multiple profiles is prohibited.
Minimum Trading Days: Fulfilling minimum trading days with small lot trades is not allowed.
Over Leveraging: Placing random large trades without a strategy will be flagged.
Using a single electronic device for trading between multiple customers is prohibited.
Unauthorized third-party payment: It is strictly prohibited for anyone to pay for a Fintokei service on behalf of someone else, regardless of the payment method used.
IP Restrictions: It's prohibited to use multiple IP addresses from many countries when connecting to your Fintokei Demo accounts or to mask the IP addresses.
Maximum Allowed Risk: Maximum allowed risk of opened trades is 3%. The risk on open trades is calculated based on Stop Losses set by the trader (if applicable and visible in platform) and on the Value at Risk (VaR) analysis over a specific period or trading session, whichever is lower.
Profit Target: Achieving the profit target in one trade (or a few similar trades in one day) is prohibited.

Consistency Rules

To limit gambling practices, consistency rules may be applied, including:

Requirement to use Stop Losses.
Limit on maximum risk per trade, per account, or per day.
Capping maximum daily profit.
Capping maximum daily loss.
Reducing leverage.
Setting maximum daily lot exposure.
Restricting trading during news.
Apply 40% Consistency rule for the Payout request eligibility.
Apply a Net positive payout policy for the Payout request eligibility.
Apply Dynamic Performance Reward to your virtually funded accounts, as defined in the FPP Terms.

Copy Trading

Allowed: you can copy your own trades from your own accounts. If your master account is somewhere else than on Fintokei, we might ask you to prove ownership of said account. Copying from third parties is prohibited.

EAs

Allowed, but prohibited for 3rd party trade copying, automated evaluations, exploiting inefficiencies, martingale, scalping, arbitrage, or hedging.

News Trading

Allowed.

Minimum Trading Days

0 for Swift trader
3 profitable days for Start trader and ProTrader

Inactivity Rule

30 days.

Maximum Order Size Per Trade

FX - 100 lots
Gold, Silver, Oil - 100 lots
XPD, XPT, NGAS - 20 lots
CFD Indices - 20 lots

Payout Policies

Payout Frequency

You can withdraw performance rewards from the virtual ProTrader or StartTrader account after 14 days have passed since your last withdrawal or your first trade.

For the virtual SwiftTrader account, withdrawals are allowed if you achieve an initial profit target of 10% or more and at least 14 days have passed since your last withdrawal or first trade.

Restricted countries

Afghanistan
Bangladesh
Belarus
China
Cuba
India
Iran, Islamic Republic of
Iraq
Japan
Myanmar
Korea, Democratic People's Republic of
Pakistan
Somalia
South Sudan
Sudan
Syrian Arab Republic
United States
Venezuela, Bolivarian Republic of
Viet Nam
Yemen